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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Peregrine Diamonds Ltd.
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Comment by xDeBeerson May 09, 2014 8:36am
207 Views
Post# 22542614

RE:The valuation gap

RE:The valuation gapOne of the biggest is that people think this mine will cost $700M to $1B to build. They don't know diamond mines, they don't consider the infrastructure in Iqualuit and they don't consider the $/tonne. It will be much less than $700M. No one will believe this until someone does an official economic study. B. is also plausible, but not probable.
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